As is often the case with economic data from Japan, there is little discernible impact.
- Japan July retail trade y/y: -0.3% (vs. expected +0.1%)
- Japan July retail sales m/m: -1.8% (vs. expected -1.0%)
- Japan Buying Foreign Bonds Y -318.5 bn (previous week was Y -903.6bn)
- Japan Buying Foreign Stocks Y 9.6 bn (previous week was Y -3.0 bn)
- Foreign Buying Japan Bonds Y -862.0 bn (previous week was Y 38.7 bn)
- Foreign Buying Japan Stocks Y -89.5 bn (previous week was Y 48.1bn)
Coming up later today, at 0130GMT, BOJ board member Yoshihisa Morimoto is speaking to business leaders in Iwate. There is a press conference scheduled following.
